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Taxpayer Group Offers Blueprint for Beating Medicare's Bankruptcy
From Renal Disease to Recovery Audits, Systemic Fiscal Reforms Needed
For Immediate Release April 24, 2008
Pete Sepp, (703) 683-5700
"When it comes to the financial condition of Medicare, the caregiver has as many ailments as the patients," NTU Vice President for Policy and Communications Pete Sepp said. "Unless Congress takes decisive steps, large and small, to control spending and empower consumers, the nation's taxpayers will soon be suffering from huge burdens they cannot carry."
Last year, the House of Representatives passed the Children's Health and Medicare Protection (CHAMP) Act, which would alter a number of federal health care policies. With the Senate Finance Committee preparing to consider its own version of the CHAMP Act, and with numerous other legislative proposals likely to come under scrutiny during this process, NTU prepared a lengthy analysis of "dos" and don'ts" for policymakers. Among the recommendations:
Although NTU opposed the House CHAMP Act in its final form, Sepp contends certain provisions of this bill, combined with others, could be salvaged to provide a Medicare package that helps rather than hurts taxpayers -- all while strengthening the crucial relationship between consumers and providers of health care.
"Medicare's Trustees continue to warn that enacting solid changes sooner will avoid harsh decisions later," he concluded. "To taxpayers, the word 'sooner' means now."
NTU is a nonprofit, nonpartisan citizen group founded in 1969 to work for lower taxes, smaller government, and economic freedom at all levels. Note: NTU's Medicare policy blueprint, along with other work on entitlement reform, is available at www.ntu.org.